Monthly Archives: May 2017

Insurance Premium Tax increased from 1st June 2017

IPT increase,

In the Autumn 2016 Budget the UK Government elected to raise the lower rate of insurance premium tax for policies issued or renewed from 1st June 2017 to 12%. Since 2015 insurance premium tax has doubled and has contributed to a rise

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Fraudulent insurance claims are increasing, reports a major UK Insurer


In a report published today by Aviva Insurance they have identified a 9.5% increase in fraudulent claims in 2016 on the previous year. Bogus claims now equate for £232,000 of payments per day, of which 59% are in relation to

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